SCB recently launched an annual Emirati induction scheme, Intelaq, backed by His Excellency Ahmed Humaid Al Tayer, UAE Minister of Transport and Head of the Human Resources Development Committee for the Financial Sector.
Ray Ferguson, Standard Chartered Bank's Chief Executive Officer, led the four-hour strategy forum, which also included speeches from Mohammed Abdulla Al Sayyah. Head of Administration, Gulf & Levant, and Emiratisation - UAE; Saleha Omair Al Bakri, Emiratisation Planning and Development Manager and Shiv Shankar, Head of Business Human Resources, Gulf.
"Intelaq has been running very successfully since the end of last year, but it was felt that we needed a combined management meeting to ensure everyone understands the Emiritisation targets we have to meet, how we are going to meet them, and the challenges that lay ahead," said Ray.
Through the Intelaq programme, UAE nationals are encouraged to try their hands at a number of different aspects of banking, and SCB has adopted a number of measures to ensure the best possible career path is available to talented young Emiratis, willing to undertake training at the bank.
SCB in the UAE aims to make all department managers UAE nationals by 2005, and has a 30% Emiratisation target for the end of 2003.
Intelaq is a two-month long SCB induction course involving 50 Emiratis from all emirates and diverse backgrounds.
The bank's Emirati workforce currently comprises 26% of its total staff.
Standard Chartered Bank this year celebrates its 150th anniversary as an international institution. The bank has been operating in the UAE for 45 years.
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SCB in job drive for nationals
- United Arab Emirates: Sunday, March 02 - 2003 at 12:46
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Senior managers from Standard Chartered Bank in the UAE met on Sunday to discuss new ways of driving Emiratisation forward at the bank.
Managers at the SCB Intelaq meeting, Ramada Hotel, Dubai.
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Posted by Anne-Birte Stensgaard, News EditorSunday, March 02 - 2003 at 12:46 UAE local time (GMT+4)
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This article was updated on Wed Sep 03 2003.
Notes and Media Contacts »
Standard Chartered in the UAE
In the UAE, Standard Chartered has a Consumer Banking network comprising seven branches and 22 automated teller machines (ATMs). Standard Chartered is the leading provider of cash management trade finance, and treasury products and services in the UAE.
Standard Chartered
- The world's leading emerging markets bank
Standard Chartered is the world's leading emerging markets bank. It employs nearly 30,000 people in over 500 offices in more than 50 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, United Kingdom and the Americas.
The Bank serves both consumer and wholesale banking customers. Consumer Banking provides credit cards, personal loans, mortgages, deposit taking and wealth management services to individuals and small/medium sized businesses. The Wholesale Bank provides services to multinational, regional and domestic corporate and institutional clients in trade finance, cash management, custody, lending, foreign exchange, interest rate management and debt capital markets.
With 150 years in the emerging markets the Bank has unmatched knowledge and understanding of its customers in its markets.
Standard Chartered recognises its responsibilities to its staff and to the communities in which it operates.
For further information please contact:
Aida Hamza
Head of Corporate Affairs, Standard Chartered Bank, UAE
Telephone +971 4 5088200
Fax +971 4 5088241
For press information contact:
Will Rankin, MCS/Action, PO Box 20970, Dubai, UAE. Tel: +971 4 3902960 Fax: +971 4 3908161
In the UAE, Standard Chartered has a Consumer Banking network comprising seven branches and 22 automated teller machines (ATMs). Standard Chartered is the leading provider of cash management trade finance, and treasury products and services in the UAE.
Standard Chartered
- The world's leading emerging markets bank
Standard Chartered is the world's leading emerging markets bank. It employs nearly 30,000 people in over 500 offices in more than 50 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, United Kingdom and the Americas.
The Bank serves both consumer and wholesale banking customers. Consumer Banking provides credit cards, personal loans, mortgages, deposit taking and wealth management services to individuals and small/medium sized businesses. The Wholesale Bank provides services to multinational, regional and domestic corporate and institutional clients in trade finance, cash management, custody, lending, foreign exchange, interest rate management and debt capital markets.
With 150 years in the emerging markets the Bank has unmatched knowledge and understanding of its customers in its markets.
Standard Chartered recognises its responsibilities to its staff and to the communities in which it operates.
For further information please contact:
Aida Hamza
Head of Corporate Affairs, Standard Chartered Bank, UAE
Telephone +971 4 5088200
Fax +971 4 5088241
For press information contact:
Will Rankin, MCS/Action, PO Box 20970, Dubai, UAE. Tel: +971 4 3902960 Fax: +971 4 3908161
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